PRAYAGRAJ EXPRESS
News Portal

No commerce with India below present circumstances: Pakistan PM Imran Khan

115

Pakistan on Thursday lifted a virtually two-year-long ban on its import from India amidst tensions over the Kashmir situation

Prime Minister Imran Khan determined that Pakistan can’t go forward with any commerce with India below the present circumstances after holding consultations with key members of his Cabinet on importing cotton and sugar from the neighbouring nation, a media report stated on Saturday.

Pakistan’s U-turn on Thursday got here a day after the Economic Coordination Committee (ECC), below newly-appointed Finance Minister Hammad Azhar, really useful importing cotton and sugar from India, lifting a virtually two-year-long ban on its import from the neighbouring nation amidst tensions over the Kashmir situation.

Worldview with Suhasini Haidar | India-Pakistan to restart commerce?

The Prime Minister after consultations on Friday instructed the Ministry of Commerce and his financial staff to instantly take steps to facilitate the related sectors, worth added, attire and sugar, by discovering different low cost sources of import of the wanted commodities, the Dawn newspaper quoted sources as saying.

Various proposals have been introduced to the ECC which considers these options from an financial and industrial perspective. After consideration by the ECC, its choices are introduced to the Cabinet for ratification and remaining approval, the report stated.

Domestic necessities

In the current case, a proposal was introduced to the ECC to permit the import of cotton, cotton yarn and sugar from India retaining in view home necessities, it stated.

With regards to the ECC resolution to permit import of sugar, cotton and cotton yarn from India, Khan held consultations with key members of his Cabinet on Friday and determined that Pakistan couldn’t go forward with any commerce with India below the present circumstances, it stated.

The ECC had selected industrial grounds to advocate these imports for the Cabinet’s consideration.

While the choice was not on the formal agenda of the Cabinet assembly, the difficulty was introduced up by Cabinet members and the prime minister instructed that the ECC’s resolution be deferred and instantly reviewed, the report stated.

The Cabinet headed by Prime Minister Khan on Thursday rejected the proposal of the high-powered committee to import cotton from India, with Foreign Minister Shah Mahmood Qureshi asserting that there could be no normalisation of ties till New Delhi reverses its resolution in 2019 to revoke the particular standing of Jammu and Kashmir.

‘Onus on Pakistan’

India has stated that it needs regular neighbourly relations with Pakistan in an surroundings freed from terror, hostility, and violence. India has stated the onus is on Pakistan to create an surroundings freed from terror and hostility.

India has additionally advised Pakistan that “talks and terror” can’t go collectively and has requested Islamabad to take demonstrable steps in opposition to terror teams chargeable for launching varied assaults on India.

The ECC’s resolution had raised hopes of a partial revival of Pakistan-India bilateral commerce relations, which had been suspended after the August 5, 2019 resolution of New Delhi to revoke the particular standing of Jammu and Kashmir.

In May 2020, Pakistan lifted the ban on the import of medicines and uncooked materials of important medication from India amidst the COVID-19 pandemic.

India’s transfer to revoke the particular standing of Jammu and Kashmir in 2019 angered Pakistan, which downgraded diplomatic ties and expelled the Indian High Commissioner in Islamabad. Pakistan additionally snapped all air and land hyperlinks with India and suspended commerce and railway providers.

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More